Wallet Insurance
Wallet insurance is the perfect safeguard against the unexpected twists of daily life.
Money has a different kind of value in everyone’s life.
You want a home …. you need money!
You want to buy a property … you need money!
You want food … you need money!
You want clothes … you need money!
You want to start a business … you need money!
Money plays a vital role in all your activities of life and provides you the security for a living.
Though, you save all your money safely in the bank accounts and keep the credit and debit cards in your wallet for the easy payments. But what if, these cards are also lost along with the wallet? We believe, losing the wallet can be stressful for any person. Your precious cards can be vulnerable to any fraud if they are stolen, and of course, the other important identity cards are also prone to this risk and can be misused by goons. Imagine your PAN Card being lost and then to recover that you need to be in long queues and several visits to the authority. And imagine, you are travelling to another location and these cards were only there in the lost wallet. All your plans have flopped, and your trip is distorted like anything.
But keep calm and buy wallet insurance which provides coverage to debit and credit cards in case of any loss/damage/ fraud. The insurance cover automatically allows you to block all the debit cards and credit cards in your wallet by making a phone call. Also, you will receive a replacement for your PAN card that too comes free of cost, which means no more frequent visits to authority or standing in long queues.
This is how Wallet Insurance provides you the opportunity to enjoy your travel without any hustle. The wallet insurance ensures that a person is not put through inconvenience due to loss of wallet.
Benefits and Features of the Wallet Insurance
- 24 hours card blocking service- The insurance provides you the round the clock service to report the card loss throughout the world. It can quickly be done by making a simple call on the insurance helpline.
- PAN Card Replacement: The policy allows you to get a free replacement of the PAN card, in case it is stolen or lost.
- Emergency Travel Assistance: The policy also assists with your travel. If your wallet is lost, this insurance will not leave you stranded in the middle of such a situation. It provides an emergency advance for the hotel stays in India/abroad, replacement travel ticket advance in India/abroad and also provide emergency cash benefits in India.
- Mobile Benefits: The wallet insurance helps you in the registration of SIM and IMEI and also for card blocking services.
- Complimentary Fraud Protection: The policy also provides coverage against the card fraud due to PIN-based fraud, phishing, tele-phishing in case of card lost/stolen.
The eligibility for getting wallet insurance is available to the individuals above the age of 18.
How to get the best policy
Find a specialized industrial insurance policy provider
You must deal with specialists. Since specialized insurance companies that deal with Wallet Insurance can give you a comprehensive solution. You need to search for one skilled insurance service provider.
Run a comparison study
You can find several sites offering you information about the various insurance providers, their policies and reviews. By running a comparison study, you can easily find an insurance company that is right for your needs and requirements.
Seek professional help
It would be advisable to find professional help to understand the policy, because, at times, it can be too technical for you to understand, and a person who is expert in the insurance business can help you in spotting the right kind of policy for your business. The insurance expert can make you understand the legal terms associated with the policies.
Read the terms and conditions carefully
You should read the terms and conditions. For instance, you need to know about the social exclusions, the add-ons of the policy, and more. Hence, take out some time and read the terms and condition carefully before buying the insurance plan.
Never let the business be vulnerable to the unpredictability of nature and happenings. You can keep everything under control by availing the best Wallet Insurance
insurance policy for your business and act with a sense of urgency when things go wrong without prior notice. So, stay safe.